• Mr. Swapnil Lokhande
• Dr. Swarnalata Philip

Since 1991, the regulatory environment for foreign investment has consistently been eased to make it investor-friendly, catapulting India into the position of one of the fastest-growing economies of the world. India has been ranked (9th in terms of FDI inflows for 2016 by UNCTAD) among the top attractive destinations for inbound investments in the world . The potential advantages of the FDI on the host economy are it facilitates the use and exploitation of local raw materials; it introduces modern techniques of management and marketing, it eases the access to new technologies. This paper evaluates impact of Foreign Direct Investment (FDI) on growth of Indian economy and also to identify the factors which influence the flow of Foreign direct investment (FDI) in India. The study tests a hypothesis for a positive relationship between FDI and economic growth in India using a T test for correlation.

FDI, Indian Economy, modern techniques

"A Study Of Impact Of Foreign Direct Investment On Growth Of Indian Economy From Year 2008-2017", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 10, page no.136-143, October-2018, Available :http://www.jetir.org/papers/JETIRI006019.pdf

"A Study Of Impact Of Foreign Direct Investment On Growth Of Indian Economy From Year 2008-2017", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 10, page no. pp136-143, October-2018, Available at : http://www.jetir.org/papers/JETIRI006019.pdf